According to a July 16 report from The Chosun Ilbo, Daewoo Shipbuilding & Marine Engineering said that it has signed a memorandum of understanding to acquire a 49% stake in South African shipping company Impinda.
(Source: The Chosun Ilbo)
Naval units from Iran's elite Islamic Revolutionary Guards Corps (IRGC) seized a cargo ship in the Gulf on Tuesday for legal reasons, an IRGC source was quoted as saying by state news agency IRNA.
Losses associated with a deadly explosion on an offshore oil platform owned by Mexican state-run company Pemex will total as much as $780 million, a source close to the discussions said on Tuesday.
The Port of Indiana-Jeffersonville recorded the highest quarterly shipments in its 30-year history during the first quarter of 2015. Cargo volume exceeded 800,000 tons,